Deals of the Day: Goldman Scans Emails for ‘Muppets’

Deals of the Day compiles this morning’s biggest news about mergers and acquisitions, banking, bankruptcy and more. Catch us on Twitter, @WSJDealJournal.

Mergers & Acquisitions

Hartford Financial: The incurance company unveiled plans for a radical overhaul of its business in an effort to revive its share price and satisfy demands by the hedge-fund manager John Paulson for “drastic” change at the 200-year-old insurer. [WSJ]

Diamond Foods: The compnay is talking to private-equity firms about a possible minority investment, as the troubled snack-food company searches for capital to bolster its balance sheet. [WSJ]

Solo Cup: The maker of the ubiquitous red plastic cups found at frat parties and backyard BBQs is being sold to Dart Container for about $315 million along with $700 million in debt. [WSJ]

Watson Pharmaceuticals: The generic drug company is nearing a deal to buy Swiss rival Actavis for roughly $5.9 billion. [WSJ]